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vRS residuals

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Hello all.

On the verge of buying a vRS but some people are trying to put me off with arguments that its residuals are weak. Being told to get a Golf TD TDI 110 even though its less powerful than the vRS and costs the same insurance wise. Is there anywhere on line that will calculate roughly how much my car will be worth in 3 years time? It seems to me that the vRS has quite strong residuals at the moment. Stronger than the Ibiza but of course not as strong as the Golf GT TDI.

Any help appreciated.

Joel

up to the mk 2 vrs coming out the residuals are very strong after that who knows,they will probably weaken a bit but if you use the search you will find almost endless discusion on this topic:thumbup:

  • Author

So its unknown territory then?

Sod residuals - go and drive all the contenders and buy the one you want. If you don't it'll cost you more in the long run to get the car you should have bought in the first place!

Chris

I think the What Car website has a depreciation calculator you can use.

When I sold my vRS last summer it was 2 years old and had around 36,000 miles on the clock. I got approximately two thirds of the original price back as a trade in. Generally the vRS has had very strong residuals as it's been a hit. Certainly values have softened a bit since then.

Now that Skoda have finished building them there's an argument that prices may drop, as happens with any car that's replaced. However the vRS has not been replaced yet so the residuals may stay up.

If you want a bit of fun the vRS will be better than the Golf (assuming that's a Mk IV one as it's a 105 engine in the Mk V). Residuals wise I think the Golf may be a better bet long term, but you're probably looking at an older Golf than the vRS.

mk 2 vrs isn't out yet so you can't accuratley predict what will happen only what might, they will remain strong untill it is superceeded then take a bit of a fall thats what usually happens when an equivelent new model comes out.

Sod residuals - go and drive all the contenders and buy the one you want. If you don't it'll cost you more in the long run to get the car you should have bought in the first place!

Chris

agreed:thumbup:

  • Author

The MK4 Golf hasn't suffered a huge amount since the arrival of the MK5 though.

The MK4 Golf hasn't suffered a huge amount since the arrival of the MK5 though.

true, bu imo it will drive like a 3 legged cow in a lake of treacle compared to a furby vRS.

The MK4 Golf hasn't suffered a huge amount since the arrival of the MK5 though.

hence you just can't tell what is going to happen untill it does:thumbup:

The trick to not suffering too much depreciation, is to get a good price in the first place!!!

Also look at the purchase prices. I don't know how much an equivalent age golf will cost but simple maths says that there's no difference between loosing 50% on an

I think the Fabia is a better buy than the Golf. Ive seen Golf 130 GT TDis for about the same price as Fabias , but the Golfs are always older and with double the miles. Just get one , dont worry about depreciation , things could be worse , you could own a Citroen C6.... ;)

Given the rate of write-offs of the Fabia vRS, it's possible that soon they'll be uninsurable, so no one will want them and prices will plummet as they sit unloved on forecourts... :rofl:

That said...you'll loose money owning a car, and it'll be thousands. So you might as well just buy it if you want it and can afford it. :D

Rob.

so no one will want them and prices will plummet as they sit unloved on forecourts... :rofl:

Focus ST's are like that :rofl:

true, bu imo it will drive like a 3 legged cow in a lake of treacle compared to a furby vRS.

If it's any indicator, I had a 1999 Audi A3 TDI 110, and it was good, but the Fabia vRS is a better drive by some margin, and AIUI the A3 has a better suspension setup than the Golf IV. The PD130 is much better than the old VE-Pump 110 engine for a start. It's a it thirstier if you use the performance, but there's much more pull.

I've never understood people who make their choice of car based to a large degree on the basis of the residuals. Ok, so we know it makes sense to avoid things that really depreciate like astras / corsas when they can be purchased at any moment on a 0% finance deal, but generally the residuals don't make a huge amount of difference when it comes to the bulk of marques.

It all depends on your outlook on life but, as many people have said, all cars will gnerally lose you a lot of cash so you might as well buy the one you actually want.

  • Author

That was exactly my thinking.

I plan on keeping this car for 4-5 years anyway.

It all depends on your outlook on life but, as many people have said, all cars will gnerally lose you a lot of cash so you might as well buy the one you actually want.
Well said that man!

I'm buying my car for me, not the next owner. I mod it to suit me and if that also suits a buyer come saletime, all well and good but it doesn't rule my life.

... like astras / corsas when they can be purchased at any moment on a 0% finance deal...

I only bought a new fabia 'cos it was on 0% finance. I think they'll be a lot of 3 years old vRS for sale (in 2-3 years) for little money. We shall see :)

Bought 3 yr old vRS (15.8k) 'carefully' some 6 months ago.

Am pleased to see that , if anything, prices have gone up !

Do your homework.........

I only bought a new fabia 'cos it was on 0% finance. I think they'll be a lot of 3 years old vRS for sale (in 2-3 years) for little money. We shall see :)

Yeh, Im aware that there were some 0% finance deals available on the remainging fabia stock. My commments was aimed at the car marques who seem to always have a low rate finance deal 'offered' which effectively makes it easier to buy a new vehicle than to purchase a second hand model. Vauxhall were the ones who first sprang to mind. Obviously, 'deals' of this sort have a knock on effect on the used prices of all models affected.

I sold mine direct to a dealer (not part-ex) at 2 years old with about 35 on the clock, 4 bald tyres and a duff foglamp & it had lost

Don't listen to ya so called mates!!

Before I bought this EXCELLENT Skoda Fabia vRS SE, I done alot of research into it's deprecation, and guess what it HOLDS its value by a whopping 53%!!

Ok so ya Golf holds 51%, oops the Skoda WINS. Drive ya Skoda with pride, knowing you saved yourself a few extra

Top 100 - Parker's

number 8 on that list of the lowest depreciators... although it deals with money lost instead of traditional percentages, but then the cost is what is important I guess!

Skoda Fabia vRS SE, I done alot of research into it's deprecation, and guess what it HOLDS its value by a whopping 53%!!

Out of interest was that figure for the SE or a normal vRS?

Chris

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